Business

Business

How Clarence Otis Jr’s unique business model doubled the value of this $8 billion restaurant chain

With over 1,900 locations, you have likely eaten or ordered food from one of Darden Restaurants’ many brands. The multi-brand restaurant operator owns fine dining restaurant chains, Ruth’s Chris Steak House, Eddie V’s and The…

By Preta Peace Namasaba June 18, 2024
Business

Reginald Hartsfield shows how running great assisted living centers turns $100 million in revenue

According to the 2020 Census, the U.S. population aged 65 and over grew nearly five times faster than the total population over the 100 years from 1920 to 2020. The older population reached 55.8 million…

Business

How Keith Weaver leveraged his experience at Sony to help his wife establish America’s fastest-growing whiskey brand

Keith Weaver left Sony Entertainment Pictures to co-found the whiskey company, Uncle Nearest. In 2022, the company generated $100 million in sales. Weaver has leveraged over two decades of executive management into a whiskey brand…

By Preta Peace Namasaba June 17, 2024
Business

Despite losing her salon in a fire, this stylist grew back bigger with a million-dollar hair care brand

Building a business, or a relationship—anything—is a slow and laborious task. It requires tremendous hard work, grit, dedication, and determination. Ruin, on the other hand, takes a fleeting second. So what do you do when…

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CEO Avante Price and CPO Eli Taylor-Lemire. POSH
Business

Black-owned events platform POSH secures $22 million in Series A funding to empower event social creators

Black-owned events company POSH has secured $22 million in Series A funding to further its goal of connecting people through shared event experiences. Founded by Avante Price and Eli Taylor-Lemire, the platform has garnered over…

By Preta Peace Namasaba August 18, 2024
Business

Driven by their shared African roots, these 3 friends turned a fashion blog into a $30 million global brand

When Jefferson Osei, Abderrahmane Trabsini, and Hussein Suleiman founded Daily Paper in 2008, their goal was to share their unique take on streetwear. What began as a blog highlighting the fashion, music, style, and African…

Nearly two decades ago, Lawrence began her career in sales at Stanley Black & Decker.
Business

4 career tips from Allison Lawrence, president of Stanley Black & Decker eCommerce

Nearly two decades ago, Lawrence began her career in sales at Stanley Black & Decker. Over the years, she climbed the corporate ladder, holding several executive positions, including Business President, Vice President, Chief of Staff…

Business

Black-owned group buys Coliseum complex for $125 million

The African American Sports & Entertainment Group has bought the Oakland Athletics stake in the Oakland Coliseum for $125 million. The  Black-owned development group, previously landed a deal to buy the other 50% ownership interest…

By Preta Peace Namasaba August 16, 2024
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